News & Analysis as of

Credit Ratings Risk Assessment

Hogan Lovells

CHECKMATE: South Africa's credit rating downgraded to "junk status"- what this means for South Africa

Hogan Lovells on

In a catastrophic moment for South Africa, credit rating agency Standard and Poor (S&P) downgraded South Africa's credit rating to "junk status". S&P cut South Africa's credit rating by one notch to BB+, which is S&P's...more

A&O Shearman

European Supervisory Authorities Publish Good Practices to Reduce Mechanistic Reliance on Credit Ratings

A&O Shearman on

The Joint Committee of the European Supervisory Authorities published a final Report containing Good Supervisory Practices for reducing sole and mechanistic reliance on credit ratings. The ESAs consist of the European Banking...more

Alston & Bird

Moody’s Identifies Cyber Risk As Key Factor in Credit Ratings

Alston & Bird on

In a report released November 23, Moody’s Investors Service announced that the implications of cyber threats could start taking a higher priority in its credit analysis. Moody’s said it views cyber threats as similar to other...more

Morrison & Foerster LLP

SEC Adopts Further Revisions to Rule 2a-7

The SEC recently adopted rule amendments removing credit rating references in Rule 2a-7 and Form N-MFP. Issuer diversification provisions were also amended to eliminate a current exclusion for securities subject to a...more

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